Carley straight to fox weather alert. Several tornados tearing through ohio and indiana leaving a trail of destruction. In ohio, at least two dead and 19 in the hospital being treated for weatherrelated injuries. Radar signals indicate debris was losted as high as 15,000 feet during that powerful storm. Residents say their town is in shambles. It is gone. The buildings are demolished. Downtown, it is bad, very bad. Carley lifealtering storm there. You are watching Fox And Friends first, im carley shimkus. Todd im todd piro. Horrifying video out of indiana, you see it touching down. See the light flashing from lightning. Severe injuries reported, rescue crews are searching for missing people. Temporary shelters are in place for people who lost homes. Senior meteorologist janice dean is here. Janice you warn people of Severe Weather and it happens overnight and see destruction as the sun comes up. Our hearts and prayers are out for people in the midwest. Major system across the rockies,
Picture in germany and france. Claim of their implications. Francis of their implications. Francis female coppola joins us. Janet yellen says this is arbitrary, is it . I yellen says this is arbitrary, is it . 4 yellen says this is arbitrary, is it . ~. , yellen says this is arbitrary, is it . 4. , yellen says this is arbitrary, is it . ~. , , yellen says this is arbitrary, is it . 4. , ,. , it . I think what she is oining us is showing it . I think what she is oining us is showing a h it . I think what she is joining us is showing a deterioration it . I think what she is joining us is showing a deterioration in it . I think what she is joining us l is showing a deterioration in fiscal governance and asked two decades, so this isnt about what has happened on her watch, its work were also about repeated stand offs on the debt ceiling and short termism in fiscal Spending Plans going back a long time. find fiscal Spending Plans going back a loni time. , fiscal Spending Plans going back
Guy every single sector in europe is in negative territory. The stoxx 600, which was already a key level, that is broken. Stoxx 600 now trading for 60. Every single sector is in negative territory today. The fence is doing better. Even that sector is lower. Single stocks, things are interesting. Hugo boss is interesting. Outlook maybe not quite as rosy as anticipated. There was an interesting line of working capital as well. Stock. They have more of it than anticipated, which is interesting. What does that say about consumer demand . Bae systems, it is one of the bright spots today. Take a look. The stock is up by nearly 5 for pretty obvious reasons. Think about what is happening in the world, they can about what is happening in ukraine, bae systems is going to be a beneficiary. With the body demonstration, in terms of how it is going to use the ukraine budget for taiwan. Bae systems is one of the huge suppliers into the doe. Dod. Alix i was putting out some of the losers on the s p an
Notice, blaming the stand off over the debt ceiling which was ultimately lifted any last minute bipartisan deal. The feud was cited by fitch is one of the reasons for the downgrade. Make no mistake, this is a major black eye for america. The us treasury, essentially government ious are seen as the bedrock of the Global Financial system. Fitch is essentially pointing out there is an erosion of trust in american leadership. Given the death and perceived safety of us treasuries, this downgrade is not likely to change its role in the financial system. Likely to change its role in the financialsystem. It likely to change its role in the financial system. It could, likely to change its role in the financialsystem. It could, however, make it potentially harder and more expensive for the government to borrow in the future. Right now the Us Government owes 30 trillion in debt. Fitch is highlighting that the Us Government has too much debt doesnt have a way to bring it down. And at washington at
let s get down to business. america s supreme court is set to hear two cases back to back that could reshape the internet. the first is gonzalez vs google. the second case being heard on wednesday is twitter vs taamneh. both deal with whether tech platforms should have legal immunity for what their users choose to post. for more, here s our north america business correspondent michelle fleury. should tech companies be held liable for harmful content promoted by their algorithms? that is the question being put before america s top court. eight years ago, gonzalez, 23 year old exchange student was killed by ices gunmen in paris. the family in seeking justice for her death is targeting google s video platform, youtube, alleging that by distributing terrorist training videos on its side, the tech giant acted as a recruiting platform for isis, in violation of us laws about helping terrorists. at the centre of this landmark as is a federal court forged in the earliest days of today